by MAG PROPERTY DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 22, 2017
Expected Handover
Dec 6, 2020
Official Status
FINISHED
Total Units
451
Avg Unit Size
616 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 880K
PSF
AED 1,869/sqft
Sales 12M
18
vs Area
-36.5%
Asset Turnover
ⓘ
4.0%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
451
Avg Unit Size
616 sqft
1BR
10.6%2BR
16.6%NA
2.7%Studio
70.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Studio | 316 | 70.1% |
| 2BR | 75 | 16.6% |
| 1BR | 48 | 10.6% |
| NA | 12 | 2.7% |
Price & Volume Trend
Unit Liquidity Matrix
Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| Studio | 72.0% 316 units | 80.0% 28 sold | 1.11 | ✓ BALANCED |
| 2BR | 17.1% 75 units | 8.6% 3 sold | 0.50 | ⚠️ LOW DEMAND |
| 1BR | 10.9% 48 units | 11.4% 4 sold | 1.05 | ✓ BALANCED |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
7 Aug 2026 | BUSINESS BAY | Studio | AED 850K | AED 1,933/sqft | Ready | Freehold | |
27 Jul 2026 | BUSINESS BAY | 1BR | AED 1.73M | AED 1,764/sqft | Ready | Freehold | |
21 Jul 2026 | BUSINESS BAY | Studio | AED 850K | AED 1,927/sqft | Ready | Freehold | |
20 Jul 2026 | BUSINESS BAY | Studio | AED 1.00M | AED 2,317/sqft | Ready | Freehold | |
20 Jul 2026 | BUSINESS BAY | Studio | AED 990K | AED 2,287/sqft | Ready | Freehold | |
13 Jul 2026 | BUSINESS BAY | Studio | AED 980K | AED 2,228/sqft | Ready | Freehold | |
9 Jul 2026 | BUSINESS BAY | Studio | AED 950K | AED 2,128/sqft | Ready | Freehold | |
2 Jul 2026 | BUSINESS BAY | Studio | AED 1.07M | AED 2,465/sqft | Ready | Freehold | |
1 Jul 2026 | BUSINESS BAY | 1BR | AED 1.75M | AED 2,137/sqft | Ready | Freehold | |
12 May 2026 | BUSINESS BAY | Studio | AED 1.10M | AED 2,464/sqft | Ready | Freehold | |
16 Mar 2026 | BUSINESS BAY | Studio | AED 895K | AED 2,030/sqft | Ready | Freehold | |
16 Mar 2026 | BUSINESS BAY | Studio | AED 1.10M | AED 2,541/sqft | Ready | Freehold | |
25 Feb 2026 | BUSINESS BAY | Studio | AED 1.05M | AED 2,387/sqft | Ready | Freehold | |
12 Feb 2026 | BUSINESS BAY | 2BR | AED 2.00M | AED 2,069/sqft | Ready | Freehold | |
3 Feb 2026 | BUSINESS BAY | Studio | AED 1.05M | AED 2,425/sqft | Ready | Freehold | |
29 Jan 2026 | BUSINESS BAY | Studio | AED 1.00M | AED 2,317/sqft | Ready | Freehold | |
27 Jan 2026 | BUSINESS BAY | Studio | AED 1.16M | AED 2,687/sqft | Ready | Freehold | |
22 Jan 2026 | BUSINESS BAY | 1BR | AED 1.71M | AED 1,741/sqft | Ready | Freehold | |
20 Jan 2026 Published 21 Jan 2026 | BUSINESS BAY | NA | AED 8.98M | AED 6,649/sqft | Ready | Freehold | |
9 Jan 2026 Published 12 Jan 2026 | BUSINESS BAY | NA | AED 1.76M | AED 3,000/sqft | Ready | Freehold | |
23 Dec 2025 | BUSINESS BAY | Studio | AED 1.10M | AED 2,496/sqft | Ready | Freehold | |
8 Dec 2025 | BUSINESS BAY | Studio | AED 1.15M | AED 2,607/sqft | Ready | Freehold | |
4 Dec 2025 | BUSINESS BAY | Studio | AED 1.08M | AED 2,467/sqft | Ready | Freehold | |
27 Nov 2025 | BUSINESS BAY | AED 1.12M | AED 3,000/sqft | Ready | Freehold | ||
26 Nov 2025 | BUSINESS BAY | Studio | AED 1.08M | AED 2,448/sqft | Ready | Freehold | |
20 Nov 2025 | BUSINESS BAY | Studio | AED 1.07M | AED 2,483/sqft | Ready | Freehold | |
20 Oct 2025 | BUSINESS BAY | Studio | AED 1.10M | AED 2,496/sqft | Ready | Freehold | |
18 Sep 2025 | BUSINESS BAY | 1BR | AED 1.57M | AED 1,917/sqft | Ready | Freehold | |
4 Sep 2025 | BUSINESS BAY | Studio | AED 1.12M | AED 2,547/sqft | Ready | Freehold | |
1 Sep 2025 | BUSINESS BAY | Studio | AED 515K | AED 2,386/sqft | Ready | Freehold |